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HIGHLIGHTS:

Nifty futures closed at 21672 yesterday on a positive note with 0.74% increase in the open interest indicating Long Build Up.

It closed at a premium of 50 points compared to its previous day’s premium of 65 points.

Bank Nifty closed at 45797 yesterday on a positive note with a 1.59% decrease in open interest indicating Long Unwinding.

It closed at a premium of 96 points compared to its previous day’s premium of 156 points.

In Yesterday’s Trading Session FII's

Sold Index Futures to the tune of 1057 Cr,

Bought Index Option worth 268 Cr, Bought Stock Futures to the tune of 4795 Cr,

Net Bought in the derivative segment to the tune of 4507 Cr.

In Cash Segment FII Sold 3690 Cr & DII Bought 2638 Cr.

The India VIX index is at 13.88 vs 14.07, ATM CE IV 14.49 & PE IV 13.89

Index options PCR is at 0.96 vs 0.94 to its previous day closing.

Nifty Put options OI distribution shows that 21400 has the highest OI concentration followed by 21500 and 21200 which may act as support for current expiry.

Nifty Call options OI shows that 22000 has the highest OI followed by 21500 which may act as resistance for current expiry.

BankNifty Put options OI distribution shows that 46000 has the highest OI concentration followed 45500 which may act as support for the current expiry.

BankNifty Call strike 46500 followed by 46000 witnessed significant OI concentration and may act as resistance for the current expiry.

Nifty Options OI Distribution-Weekly

Bank Nifty Options OI Distribution-Weekly

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